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1905 18th Street, Spirit Lake, IA 51360

$1,795,000.00
  • 1905 18th Street, Spirit Lake, IA 51360 Main Photo

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New to the Market Active
MLS#260269
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONAUD PLAT 108 LOT 1 BEDELLS SECOND ADD

Property Description

Investment opportunity in Spirit Lake! This 36-room Travelodge offers strong income potential with summer rates up to $259/night. Features include 22 rooms with two king beds, 14 rooms with one queen plus updated carpet, furniture, and bathrooms. Property includes manager???s quarters, a detached 2-car garage, and an additional 1.089-acre lot for future expansion. Bonus space with endless opportunities Prime location with room to grow!

Property Features

Property Type: Commercial - Business
Cooling: Ductless Unit
Days on Market: 7
Fuel Type: Electric
Heating: Heat Pump
Lot Size: 2.46 Acres
Roof Type: Asphalt, Metal
Taxes: $18,420
Year Built: 1962

Feature Descriptions

Construction: Frame/Wood
Current Use: Hotel/Motel
Exterior: Vinyl Siding
Flood Zone: No
Lot Dimensions: 107376
Parcel #: 0705252005
Parking Features: Uncovered/Open
Property Attached: Yes
Sewer: Public Sewer
Water: Public/City

Listed By / Shown By

Listed By

Agency Name: EXIT Realty Midwest
Agency Contact: PRIM: 712-320-9610
Agent Name: Brad Sanderson

Shown By

Agency Title: Hinn Real Estate
Agency Phone: 712-336-1240

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